Answer:
$9,3
Explanation:
COST RETAIL RATIO
Inventory, May 1 $10,440 $14,500 .72
Purchases 31,550 42,900
Freight-in 2,000
Purchase discounts
(250)
Net markups 3,400
Net markdowns (1,300)
Totals excluding beginning inventory
33,300 45,000 .74
Goods available $43,740 59,500
Sales (46,500)
Inventory, May 31 $13,000
Estimated inventory, May 31
($13,000 × .72) $ 9,360
Answer
1. D
2. C
3. A
Explanation
1.
To identify the return below is the formula to calculate the Return
Net Return = Current Worth - Total of Purchase
Net Return = $260,000 - $250,000
Net Return = $10,000
Answer 1 = D
2.
below is the formula to calculate Rate of Return
Rate of Return = ( Current Value - Original Value)/Original Value
Rate of Return = ($260,000-$250,000)/$260,000
Rate of Return =
.
Rate of Return = 3.86%
if round off it we found
Rate of Return = 4%
Answer 2 = C
3.
first we need to calculate the what is the value of after the inflation 2.5%
$6,500
current worth - inflation amount
$260,000 - $6,500
$253,500
now calculate the rate of return
($253,500 - $250,000)/($253,000)
$3,500/$253,000
1.38%
if we round off 1.38% then we found 1.5%
Answer 3 is A 1.5%
Answer:
According to the law of supply, an increase in the supply of workers for a job if all other factors remain equal means the company wants to be efficient and it is also proof that the company is making more profit which signals the demand for the commodities they produced as increased drastically.
Explanation:
The law of supply work in the dimension of price, the number of goods available in the market, and it is hugely affected by demand. Now, when the price of goods decreases, it makes production by producers decrease as well and staffs are also laid off to avoid profit loss by the producers. This changes when the price of commodity increases as it makes producers of the commodity have the capacity to employ more staff to maximize time and this also causes the producers to increase sales. However, the higher demand for a commodity would also increase the supply of that commodity.
Answer:
The American Opportunity Tax Credit (AOTC) that can be claimed is $2,500.
Explanation:
As of 2018, no changes have been made to the AOTC. By law, with a modified adjusted gross income (MAGI) of $80,000 or less for single individuals and $160,000 or less for married filing jointly, the individuals can claim the full credit amount. It is a credit paid for an eligible student to cover education expenses, if in the first four years of postsecondary education. A maximum annual amount of $2,500 is given and an additional 40% of remaining amount (up to $1,000) if the tax owed falls to zero.
A command economy would be an economic system that is the opposite of capitalism. A command economy could exist in a socialist system as well, whereby the state controls major businesses in an economy and provides close economic planning for a country's industries rather than allowing private ownership and free markets under capitalism.
